TechFlash - Latest Comments in Twitter expert joins venture firm

Re: Twitter expert joins venture firm

John Swinkels — Fri, 17 Apr 2009 07:03:00 -0000

It is good to see passionate people get recognition.

Re: Twitter expert joins venture firm

Cassie Wallender — Fri, 17 Apr 2009 06:36:00 -0000

Damon's a rockstar, Madrona made an excellent choice. Congratulations to both! :-)

Re: Twitter expert joins venture firm

Mike Koss — Fri, 17 Apr 2009 06:28:00 -0000

I love the idea of VC's acting as "patrons" for talented people like Damon. Madrona is doing a great service to the startup community by helping promising entrepreneurs bootstrap their new ideas before they've taken the plunge as founders.

Re: Twitter expert joins venture firm

Mike D. — Fri, 17 Apr 2009 05:15:00 -0000

I would love it if someone (hint, hint?) would write a piece on the function of EIRs and how the deal they get is either good or bad for both them and their VC. I have a friend who was an EIR for a huge VC in the Bay Area and he personally brought in five substantial deals that got funded. His equity stake reward for that? Zero. Not even a single point. I realize there are other benefits to being and EIR, but when I heard that, it made me wonder if every EIR deal was like that, and if so, if that's a fair setup to someone who is obviously talented and connected enough to bring in such business.

Re: Twitter expert joins venture firm

Anthony Stevens — Fri, 17 Apr 2009 03:17:00 -0000

Madrona has picked a winner in Damon Cortesi. He's smart and productive. It will be interesting to see what sorts of ideas come out of this marriage of venture capital and Twitter application expertise.